MVM OVIT National Power Line Company Ltd.

MVM OVIT Ltd., as a member of the MVM Group, has the widest scope of activities in the Hungarian energy industry. The Company has performed the construction, maintenance and development of high-voltage power lines and transformer stations for six decades. Traditionally the activities of MVM OVIT Ltd. has been basically connected to the Hungarian national grid and power plants, but it also regularly concludes contracts with domestic electricity supply companies, railway undertakings, large industrial consumers and foreign ordering parties for completing construction, maintenance, renewal and development assignments.

The scope of operations of the Company covers the entire area of Hungary; it has sites in several regions of the country and has about 1600 employees. MVM OVIT Ltd. performs its activities and extensive qualified businesses in a market-oriented system.

Strategic business areas

planning, construction, expansion and reconstruction of power lines and substations

construction of overhead wires for railway electrification

maintenance, investment and establishment of power plants

manufacture of power equipment machinery

manufacture of industrial steel structures

operation of the power supply systems of industrial establishments

transportation of special large and heavy goods by road, rail and ship

specialist services

manufacture of low-voltage auxiliary equipment

operation, installation and renewal of telecommunications networks

Furthermore, OVIT operates a three-star hotel in Keszthely at Lake Balaton, in one of Hungary’s most beautiful places. (www.hotelovit.hu)